Section

Industry

News, trends, and analysis of the trades and services industry, including regulations and market data.

Advanced tray stand support frameworks being manufactured with innovative materials on a futuristic factory floor, highlighting market value shift.

Tray Stand Support Frameworks Market Growth Forecast Sees Value Shift

While the global tray stand support frameworks market is projected to grow by 48% through 2035, average selling prices for next-generation frameworks are already surging by 15-30% due to material inno

Rick Donovan· Aug 17· 2 min
Modern industrial facility producing eco-friendly rosin tackifier adhesives with advanced machinery and natural light.

Global rosin tackifier market: Robust growth forecast

The global rosin tackifier market is projected to reach USD 5.12 billion by 2034, expanding significantly from USD 3.36 billion in 2025, driven by demand for eco-friendly adhesives.

Ben Foster· Aug 10· 2 min
Foundation stone ceremony for South India's first ISM-approved semiconductor plant in Visakhapatnam, with Prime Minister Narendra Modi virtually inaugurating the project.

Foundation Laid for South India's First ISM Semiconductor Facility

Prime Minister Narendra Modi virtually laid the foundation stone for South India's first ISM-approved semiconductor plant in Visakhapatnam.

Ben Foster· Aug 3· 2 min
A modern digital readout system sits unused in a machine shop while a machinist works with older analog dials, highlighting the challenge of technology adoption.

Digital Readout Equipment Adoption: The Manufacturing Challenge

In a precision machine shop, a new digital readout system capable of sub-micron accuracy sits largely unused.

Rick Donovan· Jul 19· 5 min
A vibrant construction site of a new multifamily apartment building, with cranes and workers, contrasted with a less active area representing stalled single-family home construction.

Multifamily boosts US construction starts, but broad recovery stalls

In June, construction of multifamily buildings with five or more units soared an astonishing 76.

Rick Donovan· Jul 18· 4 min
Futuristic food processing plant interior showcasing automated machinery, robotic arms, and sustainable practices for efficient food production.

Future food processing machinery industry trends drive innovation

The global food processing machinery market will expand by over $40 billion in the next decade, reaching $109.

Ben Foster· Jul 16· 3 min
Futuristic construction site with drones and workers using holographic interfaces, symbolizing advanced digital integration in construction management.

Top 4 Best Construction Management Software Options for 2026

Only 16% of construction businesses achieve advanced digital capability, despite 50% using cloud software and nearly as many leveraging AI.

Rick Donovan· Jul 16· 5 min
Futuristic Global Capability Center office with professionals analyzing financial data and automation workflows on a holographic display.

Key trends reshape global capability centers in 2026

In the first half of calendar year 2026, Global Capability Centers (GCCs) hired between 13,000 to 17,000 Financial Planning & Analysis (FP&A) roles, according to ETCFO .

Rick Donovan· Jul 15· 2 min
Diverse individuals learning skilled trades like carpentry, plumbing, and electrical work, showcasing a commitment to future workforce development.

Lowe's Foundation invests $250 million in skilled trades training programs

The Lowe's Foundation plans to invest a quarter-billion dollars to train 250,000 skilled tradespeople by 2035, according to Lowe's Foundation .

Rick Donovan· Jul 14· 2 min
Diverse trainees learning carpentry, electrical, and plumbing skills in a well-equipped, sunlit workshop, representing new opportunities in skilled trades.

Government Funds Boost Skilled Trades Training

The U.S. Department of Labor alone has injected over $162 million into expanding Registered Apprenticeships. This marks a national pivot towards bolstering the skilled trades workforce. This substanti

Rick Donovan· Jul 11· 3 min
Automated robotic arms working with sustainable packaging materials in a modern, green factory setting.

Automation & Sustainability Drive Packaging Industry Growth Despite Challenges

The United Kingdom's Plastic Packaging Tax now imposes a GBP 200 per-tonne levy on polymers lacking 30% recycled content, creating an immediate financial consequence for non-compliant materials.

Ben Foster· Jul 8· 5 min
Exhausted biomedical technician in a dimly lit hospital corridor, facing an inactive MRI machine, symbolizing the impact of burnout on healthcare infrastructure.

Healthcare burnout trends affecting skilled trades workforce

A major metropolitan hospital recently faced a week-long delay in repairing its critical MRI machine.

Ben Foster· Jul 2· 3 min
Aerial view of Dallas skyline with numerous construction cranes building new housing units, symbolizing rapid urban growth and development.

Dallas leads US metro areas in housing unit growth since 2020

Between 2020 and 2025, Dallas added more new housing units than any other large U.

Rick Donovan· Jun 27· 3 min
The Mantis Robotics MR-X dual-arm robot performing precise tasks in a modern, automated factory setting, demonstrating advanced AI capabilities.

Mantis Robotics Unveils MR-X Robot, Accelerating AI Automation

JD.com founder Richard Liu declared on June 22, 2026, that robots will eventually replace all 700,000 of the company’s delivery workers. Automation systems are becoming more robust, adaptable, and eas

Rick Donovan· Jun 26· 4 min
Futuristic AI interface analyzing project data and timelines for government decision-making, symbolizing accelerated procurement processes.

New Initiative Leverages Project Data to Speed Up Decisions

The Defense Intelligence Agency (DIA) is exploring an artificial intelligence prototype to overhaul its procurement system, signaling a new era where critical government decisions could be driven by a

Ben Foster· Jun 23· 3 min
A split image showing a robotic arm processing data on one side and skilled tradespeople working on a construction site on the other, illustrating AI's impact on different job sectors.

AI Boosts Skilled Trades, Threatens White-Collar Tech Jobs

Salesforce CEO Marc Benioff announced in September 2025 that AI advancements eliminated 4,000 customer support roles, according to LockedInAI .

Rick Donovan· Jun 20· 3 min
A visual representation of AI and skilled trades, showing advanced technology alongside skilled workers building infrastructure, symbolizing the growing demand for trades.

AI Won't Replace Skilled Trades: Demand Soars as Training Lags

Meta is pouring $115 million into a roughly five-week program that guarantees graduates a job in skilled trades, a stark contrast to the uncertain job market facing many four-year degree holders, acco

Ben Foster· Jun 19· 6 min
Futuristic construction site with AI interfaces, holographic blueprints, drones, and robots working alongside human project managers.

7 Emerging Construction Tech for Project Management

A construction takeoff that once took days can now be completed in mere seconds by AI, fundamentally altering the pace of project planning.

Rick Donovan· Jun 18· 6 min
A modern living room with integrated smart home technology, showcasing AI-driven predictive maintenance systems for effortless property upkeep.

Smart Home Tech Trends 2026: AI Promises Effortless Property Maintenance

The smart home market is projected to skyrocket from $133.

Rick Donovan· Jun 17· 5 min
AI analyzing complex data streams for aviation MRO parts procurement, balancing efficiency and strategic autonomy.

Aviation MRO Software Market Soars Amidst Efficiency and Autonomy Balancing Act

At AAR Corp., an AI-powered procurement solution called Airvoyant is now analyzing supplier quotes and generating purchase recommendations, moving towards autonomous ordering for aviation parts. This

Rick Donovan· Jun 9· 5 min
Advanced machine tooling facility with robotic arms, CNC machines, and holographic data displays highlighting digitalization and cybersecurity.

ZOLLER Summit Tackles Digital Technologies, Cybersecurity in Machine Tooling

Despite the promise of seamless, data-driven factories, a widening chasm is emerging between manufacturers discussing digitalization and those actually implementing it.

Rick Donovan· Jun 7· 3 min
A futuristic factory floor where industrial plastic components for automobiles and construction are being produced, highlighting market growth and innovation.

Industrial plastic market sees strong growth, driven by automotive and construction

The global plastic market, valued at USD 452.

Kyle Brenner· Jun 7· 3 min
High school students participating in a hands-on construction trade program, learning practical skills for future careers in the skilled trades.

High school construction programs build future skilled workforce

At L'Anse Creuse High School, students scan QR codes on an 'apprenticeship wall' to instantly apply for local construction jobs, bypassing traditional college applications.

Rick Donovan· Jun 6· 3 min
Skilled construction workers observe a futuristic AI interface with a modern data center in the background, symbolizing the impact of AI on the industry.

AI reshapes construction skills, creating labor challenges

The AI data center boom is creating a 'two-tier construction economy,' pulling electricians and project managers from traditional sites with significantly higher wages, according to JD Supra .

Rick Donovan· Jun 5· 3 min
Aerial view of the massive Oracle Stargate data center campus under construction, with futuristic architecture and surrounding landscape.

Walbridge begins construction on Oracle's gigawatt-scale Stargate data center

On June 1, Oracle, OpenAI, and Walbridge officially broke ground on 'The Barn,' a $16 billion data center campus in Saline, Michigan.

Ben Foster· Jun 5· 3 min
Scientists and AI interfaces in a modern Indian CDMO lab, showcasing the surge in demand for AI skills in pharmaceutical research and development.

India's CDMO Sector Sees 178% Surge in AI Skill Demand

In India's contract development and manufacturing organization (CDMO) sector, demand for AI-linked skills has exploded by 178% over the past two years, yet less than 1% of the existing research and de

Rick Donovan· May 29· 7 min
Fastenal warehouse operations with an employee using a tablet, showcasing efficient logistics and technology integration in industrial distribution.

Fastenal reports strong Q1 2026 earnings amid volatile demand

Fastenal Co. reported its first-quarter 2026 results on April 12, 2026, matching earnings expectations and slightly exceeding revenue forecasts. The company posted $2 billion in quarterly revenue with

Rick Donovan· May 19· 3 min
Overhead view of colorful marker pens spread across a world map, emphasizing the Asia Pacific region as the dominant market.

Asia Pacific Dominates Marker Pen Market Trends and Growth

The global marker pen market, valued at USD 2,444.

Ben Foster· May 14· 3 min
Split image showing a modern green building with signs of wear and a team of professionals analyzing data, highlighting the gap between green building design and actual performance.

Green Building Performance Lags Despite Data, But Post-Occupancy Insights Promise Change

A hospital deconstruction project in Boulder successfully recovered 93% of its materials, totaling 30 million pounds, marking a significant departure from traditional demolition practices.

Rick Donovan· May 13· 7 min
Futuristic aircraft engine room with holographic displays showing predictive analytics data for maintenance, symbolizing advanced diagnostic technology.

Predictive Analytics in Engine Maintenance Surges Amidst New Diagnostic Tech

Brazil's Civil Aviation Agency (ANAC) is proposing new Instructions that could fundamentally change aircraft maintenance planning, allowing airlines to adjust maintenance intervals based on real-world

Ben Foster· May 10· 6 min